1/69 Franmaree Road, Newnham TAS 7248

This impeccable 2 bedroom unit offers a seamless blend of comfort and contemporary charm, making it a lucrative acquisition for discerning investors. With a tenancy in place till January 2025 presenting an excellent rental return of over 6%, this property is far from your average unit. The north facing living area basks in natural light and boasts a high raked ceiling, creating an open and airy ambiance that is both inviting and stylish. The modern kitchen is equipped with a dishwasher and has ample cupboard & bench space. Both bedrooms feature built-in robes, providing ample storage space and maintaining the unit's sleek aesthetic.
An updated combined bathroom and laundry add to the unit's appeal, offering practicality without compromising on style. Outside, the low maintenance backyard presents a private oasis for relaxation or a spot of gardening.
With a single carport, this property benefits from its position in a peaceful complex of only two units, adding an extra layer of serenity.
Features include:
Light filled living area with Reverse Cycle Air conditioning for all year-round comfort
2 good sized bedrooms both with built in robes
Fabulous modern kitchen with dishwasher & ample cupboard & benchspace
Updated combined bathroom/laundry with walk-in shower & toilet
Northerly aspect for all day sun
Single carport
Small low maintenance enclosed backyard
Front position in a peaceful complex of only 2 units, approx. 3km from University of Tasmania, Australian Maritime College and Mowbray shopping precinct and approx. 10 minute drive to CBD.

Water rates: $300 p/q approx.
Building size: 65m2 approx.
Land size: 263m2 approx.
Year Built: 1977
Rental Estimate: Currently tenanted till Jan 2025 receiving $420pw

Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.